By using a binomial logit model based on a survey of 973 mobile users in Korea, the determinants of subscriber churn and customer loyalty are identified in the Korean mobile telephony market. The probability that a subscriber will switch carrier is dependent on the level of satisfaction with...

The Korean government adopted “green growth” in 2008 as an environmentally friendly growth strategy. The energy efficiency of Korea, however, is still relatively low due to the large portion of energy intensive industry (EII) in its manufacturing sector. To improve energy efficiency in...

This study aims to examine the energy efficiency of the manufacturing industry of Korea by using the extended Divisia index decomposition of Choi and Ang (2012). First, we applied the Sato–Vartia index decomposition to the energy intensity of the manufacturing industry in Korea. Second, we...

I perform the cointegration tests for the trivariate model of real monetary aggregates, real personal income, and short-term interest rate. I find the existence of a long-run relationship among these three variables. To check the stability of a long-run money demand relationship, I implement a...